Date Approved
01/20/2021
SBA Office Code
0390
Processing Method
PPS
Borrower Name
U S BEARING AND POWER TRANSMISSION CORPORATION
Borrower Address
6829 Teays Valley Rd
Borrower City
Scott Depot
Borrower State
WV
Borrower Zip
25560-7096
Loan Status Date
09/14/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
343750.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
75497
Servicing Lender Name
WesBanco Bank, Inc.
Servicing Lender Address
1 Bank Plz
Servicing Lender City
WHEELING
Servicing Lender State
Servicing Lender Zip
26003-3543
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
PUTNAM
Project State
Project Zip
CD
WV-01
Jobs Reported
38
NAICS Code
423840
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
343746.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
345633.56
Forgiveness Date
08/11/2021